Feds Quiet On Loan ‘Caper’

CMHC is at a loss to explain how it sunk more than a quarter-million dollars into a bad loan secured with a fax and a driver’s license. Authorities would not comment on the case that saw a former bank teller qualify for insurance on property she didn’t own; in a town she didn’t live in; on reported income from a place she never worked: “We rely on the banks”.

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